The sustainability of the Cities Development Initiative for Asia (CDIA) is of paramount consideration by its stakeholders. In the short-term, CDIA will be reliant upon international development agency funding in order to fulfill its mandate. However, CDIA must evolve from being a donor-driven granting programme into a self-sustaining organization drawing financial and other support for its objectives from a wider range of international stakeholders.
In July 2009, CDIA took an important step towards ensuring its long-term sustainability by establishing a non-stock, non-profit corporation (known as CDIA Institute), distinct from the overall membership of the CDIA Programme and its donors that will eventually be capable of entering into operating contracts with suppliers of goods and services, leasing or purchasing agreements and otherwise operating and managing the overhead and liability.
The various activities that will be undertaken by CDIA as an organization in fulfillment of its mandate requires that it maintain a flexible business and legal structure enabling it to raise and channel funds from a variety of sources (multilateral and bilateral donors, the private sector, foundations, other institutional supporters and clients, etc.), as well as meet its broader objectives including the provision of technical assistance and knowledge management.
In the pages of this section, the structure and governance of both the CDIA Programme and CDIA Institute are presented so as to help our stakeholders/ shareholders better understand the current transition process which CDIA is undergoing.
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